Thursday, March 1, 2007

Stock Market Game - 1 - Initial Investment Strategy

I am considering stocks in healthcare. Seeing as more then 50% of people in America are obese, I think there are a lot of opportunities to make money. Many citizens are willing to spend a fortune on diet programs, pills and books. I bought a couple stocks of webmd (it’s a website that lets you self-diagnose yourself which I am guilty of, and also lets you search many types of illnesses) and some of volcano (they produce medical supplies)

I haven’t bought too many stocks because I am not so familiar with the market yet. Lucky for me I bought only a few so far because the recent crash would’ve cost me.

I don’t plan on spending all my money all at once nor do I plan on letting my stocks gather dust till June. I really want to win so I will try to balance my risks with good judgments and research.

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